The median net worth of Pennsylvania residents sits around $200,000, according to a recent report by the financial company SmartAsset. The people who represent them in Congress have far, far more wealth.
Thirteen of the state’s U.S. lawmakers, including both senators, have median net worths in the millions. Yet another two have median net worths that sit above $900,000. The majority of members have built their wealth through stock holdings, cryptocurrency or real estate — or a combination of all of those.
Sen. Dave McCormick is the richest in the delegation. The former chief executive of one of the world’s largest hedge funds, Bridgewater Associates, entered Congress last year with a median net worth of more than $191 million, according to a NOTUS analysis of his personal financial disclosure. McCormick, whose campaign was dogged with allegations that he lived in Connecticut (he has a home in Pittsburgh), put nearly $6 million toward winning the seat in the last cycle, according to OpenSecrets.
“Senator McCormick’s financial disclosure is completely transparent and in line with Senate ethics rules, including the fact that he and his wife maintain their primary residence in Pittsburgh,” a spokesperson for McCormick said in a statement to NOTUS. “He has and will continue to hold himself to the highest standard in reporting and disclosing his financial information as required of all U.S. Senators.”
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Pennsylvania lawmakers are at the center of national debates around affordability, home ownership versus renting, and more in the lead-up to the 2026 midterms. Their stock trading habits have invited particular scrutiny.
Rep. Rob Bresnahan, whose median net worth amounts to more than $37 million, reported owning more than 500 individual stocks in his 2024 financial disclosure. Bresnahan continued to trade individual stocks throughout 2025, but seems to have abruptly stopped in recent months, according to congressional financial disclosures.
The Republican is also among several Pennsylvania lawmakers who have pushed to ban lawmakers from trading individual stocks.
Bresnahan’s assets include stock in some of the government’s biggest contractors, such as Lockheed Martin, aerospace company and defense conglomerate RTX and airline company Boeing, which is a contractor of U.S. military aircraft and satellite systems. Bresnahan himself owns a 2024 Robinson R66 helicopter, which he personally pilots.
Bresnahan also drew criticism for selling more than $100,000 worth of stock in companies that manage Medicaid enrollees shortly before voting for Republicans’ sweeping tax bill that cut funds from the program in May.
The lawmaker has also reported multiple stock holdings in energy companies, including a holding in the solar panel manufacturer First Solar valued between $1,001 and $15,000. Bresnahan sold that stock holding in February 2025, according to a transaction report he filed last year. Environmental advocacy groups criticized the congressman for selling off several clean energy stocks, including in a round of sales in May before he voted to roll back clean energy tax credits as part of President Donald Trump’s signature tax legislation.
The first-term lawmaker, who flipped a swing district in 2024, is facing a strong Democratic challenger in Scranton Mayor Paige Cognetti, who is centering Bresnahan’s stock trading in her campaign to oust him. Bresnahan’s office did not respond to a request for comment from NOTUS.
Bresnahan isn’t the only Pennsylvania lawmaker with holdings in companies that contract with the federal government.
Rep. Dan Meuser, who is the richest House member in the Pennsylvania delegation with a net worth of $68 million, owns stock in Lockheed Martin, as well as other government contractors such as Nvidia, Honeywell International and Pfizer.
Much of Meuser’s personal wealth comes from his involvement in Pride Mobility Products, a family-owned health care company. Meuser was formerly the president of the company and left in 2008, the same year he launched his first unsuccessful run for Congress. Meuser’s brother, Scott Meuser, is currently the chair and CEO of the company, according to his LinkedIn profile.
In 2024, Meuser reported ownership interest in the company valued at a minimum of about $31 million. He also reported owning between $500,001 and $1 million in stock in the company, and between $250,001 and $500,000 from a cash account related to the company.
Meuser, a Republican, reported significant wealth — more than $100,000 — from royalties and partnership income his spouse earned from oil, gas and minerals companies across the country.
In August, NOTUS revealed that Meuser violated the STOCK Act when he was almost a year late publicly reporting the sale of $750,000 to $1.5 million worth of his wife’s stock in Nvidia Corp. Meuser’s office did not respond to a request for comment from NOTUS.
Meuser and other Pennsylvania lawmakers are among a sizable share of Congress members who were or still are business owners.
Some of Republican Rep. Mike Kelly’s wealth is tied up in a Pennsylvania auto dealership business. Kelly is the president of the company Mike Kelly Automotive, according to his financial disclosure. Together, Kelly and his spouse made between $30,002 and $100,000 — a mix of business income and money from interest — from the auto dealership business in 2024. Kelly and his spouse’s assets from the dealership are valued between $50,000 and $500,000, his filing said.
Kelly is also president of a Hyundai dealership and a Chevrolet-Cadillac dealership in the state, according to his financial disclosure. His salary from the Chevrolet-Cadillac dealership in 2024 was $29,613, and he did not report any money from the Hyundai dealership.
The Kellys’ stock trading became the subject of an investigation by the House Ethics Committee. While Kelly avoided strict punishment, the committee in 2025 ordered him and his wife to divest of investments in steelmaker Cleveland-Cliffs and publicly scolded Kelly for violating the House’s Code of Conduct by having “not demonstrated sufficient appreciation for the harm to the institution caused by the appearance of impropriety.” Kelly’s office did not respond to a request for comment.
Republican Rep. John Joyce, a dermatologist, founded Altoona Dermatology Associates, a medical practice in Altoona, Pennsylvania. He worked there alongside his wife, who is also a dermatologist, before leaving to run for Congress in 2018. Joyce no longer receives a salary or other income directly from the practice, according to his financial disclosure filings.
But some of his wealth is still tied up there: Joyce reported owning a rental office space in Altoona that’s home to the dermatology practice and provided between $50,001 and $100,000 in rental income in 2024.
Lawmakers report their assets and liabilities in ranges, including open-ended ones such as “over $50,000,000.” NOTUS calculated the minimum and maximum possible values of their total reported assets and liabilities, and then identified the midpoint between those two numbers to arrive at each lawmaker’s median net worth.
The data is imperfect, but it provides an important window into the financial habits of the most powerful officials in the United States.
Increasingly, investments in cryptocurrency are driving wealth within Pennsylvania’s delegation.
Bresnahan reported holding between $50,001 and $100,000 in Bitcoin and $1,001 and $15,000 in Ethereum in his 2024 financial disclosure.
Rep. Ryan Mackenzie, a Republican whose median net worth is a little over $900,000, reported holding between $1,000 and $15,000 in a Coinbase account. The congressman, whose seat is also heavily contested in 2026, did not report owning any individual stocks.
Arnaud Armstrong, a spokesperson for Mackenzie, said the congressman’s disclosures “accurately reflects his assets,” adding that the bulk of his disclosures are in retirement accounts.
“As the Congressman’s disclosures show, he is not in Congress to get rich, he’s in Congress to deliver results for working Americans. That’s why he does not own individual stocks, and why he’s helping to lead the charge against insider trading — co-sponsoring all three leading pieces of legislation to crack down on this practice,” Armstrong said.
Rep. Guy Reschenthaler, a Republican, also reported purchasing between $3,001 and $45,000 in cryptocurrency in December 2024, according to his financial disclosure. Similar to Mackenzie, the holding was Reschenthaler’s only reported asset other than his bank accounts, Roth IRA and pension.
That’s a big change from when Reschenthaler first came to Congress. The congressman’s median net worth stood at -$2.8 million in 2024, largely because of a pair of sizable mortgages. That’s down from a median net worth of $93,000 in 2018. Reschenthaler’s office did not respond to a request for comment from NOTUS.
Real estate is a popular personal asset for Pennsylvania’s congressional delegation, as almost half of the members derive at least some of their wealth from rental income.
Often, the properties the members own are outside their home state.
McCormick owns the largest number of rental properties in the delegation. His investments include a residential property in Wilmington, Delaware, and a residential property in Danville, Pennsylvania — a family farm that McCormick has received property tax breaks on previously — each valued between $1 million and $5 million.
McCormick reported owning a Dallas property valued between $5 million and $25 million and a ranch in Colorado valued between $25 million and $50 million. The Pennsylvania senator also reported commercial real estate ownership of a multifamily development in Englewood, Colorado, worth between $1 million and $5 million. In total, McCormick’s filing notes between $265,004 and $2.2 million in rental income from all these properties in 2024.
When Democratic Rep. Brendan Boyle, whose median net worth sits at just over $1 million, was elected in 2014, he reported a broad real estate portfolio of 15 properties. A decade later, that was down to two rental properties: a condo in Ocean City, New Jersey, and the other a four-bedroom townhouse in Warrington, Pennsylvania. Both of Boyle’s properties are worth between $250,000 and $500,000, and the lawmaker reported making between $15,001 and $50,000 off renting out each property in 2024. Boyle’s office did not respond to NOTUS’ questions.
Other lawmakers, including Republican Rep. Brian Fitzpatrick, have seen their net worths balloon while in office thanks to real estate, among other factors. In 2024, Fitzpatrick reported a median net worth of more than $2.5 million. He entered Congress in 2016 with less than $1,000 in his checking account and one investment property in Dana Point, California, that he valued between $500,001 and $1 million. He did not report any rental income from that property that year.
Now, the Dana Point property is worth between $1 million and $5 million, according to Fitzpatrick’s filings, and the lawmaker made between $15,001 and $50,000 by renting it out in 2024. Fitzpatrick is one of the lawmakers leading calls to ban stock trading in Congress and owns no individual stocks. Fitzpatrick’s office did not respond to a request for comment.
Other out-of-state real estate owners in the delegation include Democratic Rep. Mary Gay Scanlon, who owns a rental property in Chaumont, New York, and Meuser, who owns a property in Oak Beach, New York.
Meanwhile, Democratic Rep. Dwight Evans and Republican Rep. Scott Perry make money off rentals in or close to their districts. Evans owns a rental home in Philadelphia valued between $100,001 and $250,000 according to his disclosure, though he did not report any income from it in 2024. Evans also violated the STOCK Act in 2025 when he failed to properly disclose sales of Amazon and Tesla stock, according to OpenSecrets. Evans’ office did not respond to a request for comment.
Perry owns two properties in Pennsylvania, each valued between $100,001 and $250,000. A residential rental property in Dillsburg, Pennsylvania, generated between $5,001 and $15,000 in income for Perry in 2024, and the other, in Harrisburg, Pennsylvania, generated between $15,001 and $50,000 the same year. Perry’s office did not respond to a request for comment.
Demand for second homes is growing in the state and throughout the United States, but the rate of second home ownership across the country — just over 5% of the total population owns a second property — pales in comparison to where Pennsylvania’s lawmakers sit.
Wealth in the delegation is not always tied to real estate.
Democratic Sen. John Fetterman’s median net worth is nearly $1.6 million, though he did not report owning any investment properties. Most of Fetterman’s wealth is from bank deposits, mutual fund holdings and corporate bonds. He also reported several corporate securities stock holdings owned by his child, including in a petroleum refining company, Nvidia and Amazon. Fetterman’s office did not respond to a request for comment.
In the House, some Pennsylvania lawmakers without real estate also have sizable median net worths, including Rep. Chris Deluzio. Deluzio’s office did not respond to a request for comment.
There are a few members of Pennsylvania’s delegation whose wealth is decidedly modest — if they have any personal wealth at all.
Alongside Reschenthaler in that category is Rep. Summer Lee, who reported holding zero assets. She does have significant debt, though, including $15,001 to $50,000 in student loan debt in 2024. Her median net worth is -$407,501, and she is among the dozens of other members of Congress whose wealth is dragged down by loans.
Lee’s office did not respond to a request for comment.
Rep. Glenn “GT” Thompson is also part of that group. His median net worth is -$84,995. His chief of staff, Matt Brennan, told NOTUS that “financial disclosures were not designed to calculate the net worth of a member, but rather to highlight the potential for conflicts of interest with their financial duties.”
“One thing is certain, Mr. Thompson did not run for office to enrich himself financially, but to make a difference in the lives of those he humbly represents,” Brennan said in a statement.
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